Mark Cuban Sells Majority Stake in Mavericks

**tennelson55** · 11-29-23, 08:08 PM

Selling at the top; recession imminent

**VeggieDog** · 11-29-23, 09:10 PM

Originally posted by stevenash

Nice ROI

Mark Cuban Sells Majority Stake in Mavericks (msn.com)

From the MSN link:

"Despite selling his majority stake in the team, Cuban will retain some of his shares and will continue being in charge of basketball operations for the Bucks."

He owns the Bucks, too?

**Seattle Slew** · 11-30-23, 08:53 PM

I don't get the deal here at all. I guess the new owners know nothing about basketball, but why buy control of the team and let the former owner run the team?

I still think Cuban is going to run for political office in the near future, might be why he's selling.

**Ghenghis Kahn** · 11-30-23, 09:11 PM

Isn't he quitting Shark Tank too? He's gonna cash everything out and hide in the bunker in New Zealand with the other billionaires I guess.